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congressman telling the gobi is looking for any pay to live in amounts of money to do what he used to do for free which includes giving lectures three all i can say is, hollywood better watch out. i would say that the entertainment industry since utility. that is my "2 cents more." and that is it for tonight on "the willis report." thank you for joining us. don't forget to record the show if youcannot catch us live. have a great night and a great weekend. ♪ ♪ neil: sometimes you can sum up a week with a couple words, but this week, it's with this ad. >> cuttingundreds of billions of dollars from medicare and medicaid short change the people who need it the most. if you don't want seniors to come up empty, call your members of congress and tell them don't make a bad deal that cuts our care. neil: if that doesn't tell you real cuts are not coming, neighbor 101 democratic congressman want not to cut social security could drop a hint coming days after the national blackck cause cues comg further urging all entitlements, not st social security, be left off the cliff talks. you wonde
: appreciate it. edward tweeted us to say for six years, six years, obama said the bush tax cuts are bad, drop bush's name, and, now, the tax cuts are good. how can this be? it's teresting, isn't it? that's all for us. have a great weekend. we'll see you monday. good night from new ♪ neil: sometimes you can sum up a week with a couple words, but this week, it's with this ad. >> cutting hundreds of billions of dollars from medicare and medicaid short change the people who need it the most. if you don't want seniors to come up empty, call your members of congress and tell them don't make a bad deal that cuts our care. neil: if that doesn't tell you real cuts are not coming, neighbor 101 democratic congressman want not to cut social security could drop a hint coming days after the national black cau cues coming further urging all entitlements, not just social security, be left off the cliff talks. you wonder why i fear we had headed for the cliff fast. welcome, evybody, i'm neil cavuto. that's really the deal this week. no deal this week. hence, that if one of the seriously coming behind closed
to be the highest unemployment in history for two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and me to some kind of an agreement. we have been down this road before where republicans of given on th taxes. was in the white house with reagan. they promised dollars in cuts. they didn't give us anything. bush went through the same drill when he broke his tax pledge, busch sr. we have had this history before. basically, tell us what you're going to do. there will be a stimulus by fixing he northeast from the storm. add another 50 billion out there on top of the package. and then the audacity of saying, i'm going to raise the debt ceiling whenever i want to. give me permission to do that. it's absolutely absurd. lou: the presidents reached exceing his grasp? >> we will ee. he clearly thinks that he is in a strong osition or you would not be trying this. i think he thinks that the optics work for him. >> but it was ms. mccall's idea in 2011 to give the president the power to raise the debt ceiling by himself. this was not some dmo
taxes, not how much to cut spending. shld that worry us? it's a deal so disportioned in raising taxes and not cutting spending, what then? a lot of pressure to keep the gravy train running. what if it runs unabated? the unions who legislated the prident remind us every day in ads you owe us, mr. president. cut to the chase. no gutno glory, for now. the risk of a bad deal over no deal. john, what do you think of that? >> well, the democrats, neil, obviously, are not interested in cutting at all. they hold entitlements out, even though they are completely broke, between medicare, medicaid, and social security. there's a hundred trillion dollars in unfunded entitlement liabilities. tax the rich a 100% for the next hundred years. they are intent on eserving them, extending them, and creating them, making them larger meang bigger bills and government control. neil: can't they throw a bone to republicans, offer you at the gate, $800 billion in tax hikes? couldn't you throw it bac at them, first thing offered, doubling the tax hikes, $1.6 trillion. a clumsy start from t get-go, but i don't s
for joining us. have a great night. see you right back here tomorrow. ♪ lew: good evening, everybody. u.s. foreign policy in the middle east in question at this hour. violence spiring out of control in syria after 20 months of civil unrest and the deaths of at least 40,000 murdered civilians at the hands of their own government. united states and nato agreeing to deploy patriot weapons and to thwart an aso-called by assad. the missile systems to be positioned near the syria. his staff denies that and estimates if they were deploy troops, it requires 75,000 of the troops in a full ground invasion in order to seize the chemical weapon stockpile. fox news confirming they were not ordered to draft the consideration of such a mission. secretary of state clinton is nonetheless talking very tough calling for assad to step down as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making t
>>> that's it for us. >>> that's it for us. thanks for watching. "early start" begins now. >>> without warning, a surprise tornado strikes in the middle of a series of severe storms throughout the southeast. >>> plus, secret sabotage. police want to know who's behind the pipe bombs found attached to the gas tank of a large truck. >>> mum's the word on the air force's secret space plan set to blast off today. secret but we have some details. >> we know all about it. >> good that's right. good morning and welcome to "early start," everyone, i'm john berman. >> and i'm zoraida sambolin. tuesday, december 11th, 5:00 a.m. in the east. we begin this morning in the south where more storms are expected today. this after residents are left cleaning up from the aftermath of yesterday's storms. the rain was so intense. take a look at what happened to the home of one man, this is birmingham, alabama as he was being interviewed by a local tv reporter. >> we had dogs. he was in the cage. oh, my god. oh, my god. oh, my god. you all okay? you all okay? you all all right? >> look at that,
miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. gerri: hello, everybody. i am gerri willis. ten days until we got the fiscal cliff. president obama speakingmoments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this would be a cooling off period. maybe they wou
rest of us who are aging. i think we should be in charge, don't you, brian? on that note, thank you so much, everybody. we've got a rally going on out there. it looks as if the street is expecting some kind of deal, but as bob pisani's been saying, i'm wonder if it's a bite rumor and sell the fact situation. >> more negative now than when i came down here. >> that's not very encouraging. where's the hope "closing bell" is next. >> a government fractured, a market paralyze. a call to action our markets careen towards the sharp edge of the fiscal cliff. we've is asked our politicians to seem compromise and find a solution. the clock is ticking down. the stakes are getting higher. now we're turning up the pressure. this is a cnbc special report, "mission critical, rise above d.c." >> and we do welcome you to "closing bell." i'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff
christmas carol" god bless us every one. good night. >> sean: thank you for being with us. merry christmas and happy new years to you and yours. and have a grererererere >> alisyn: good morning, everyone. it is saturday, december 22nd. i'm alisyn camerota. he fought to protect our country. john hammar spent the last several months in a mexican cell jand to it a bed. >> job has been rotting in that cell since august. >> that retired marine is now safely back on american soil just in time for christmas. we have the new video into our newsroom we will show you. >> and with no deal in place to prevent the looming fiscal cliff, president obama says goodbye dc. aloha, hawaii. >> smart move. >> good call. good swap. is it really time to cool off and drink some eggnog? cool off in hawaii? or is it grudge time? [ laughter ] warm up wheel of fortune may be a misforeign. i would like to solve. >> seven swans aswimming. >> military woman uses it all because she forgot to pronounce the g instead of swimmen it's swimming. >> that is ridiculous. >> send us emails and tweets on that one. >> it's have a va
, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demonstration that boehner didn't have the support -- you thought boehner never had the support for this plan? >> no. i'm saying boehner didn't have support to do it even at a million -- >> which suggests to me what kind of rationale -- >> because maybe the house wanted some actually spending cuts. after giving in on tax breaks, they didn't go -- >> we always wondered if boehner can deliver the right. i wonder if th
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
:00 p.m., first responders benefited on long beach island. make sure you join us on monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." live at the nyse. a blowout session in shanghai overnight. best single day gain in more than three years on a pretty decent pmi. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy
] >> sometimes we feel like that. but we make it exciting. thanks for inviting us into your home. that's it for this special report, fair, balanced and unafraid. >> they were just six years old and among the dozens of innocents murdered in their school. >> they're babies. they're babies. they're just babies. >> tonight heartbreaking good-byes in connecticut. investigators say they are looking at every bullet, anding every angle. >> the gun processing the evidence, analyzing the evidence. >> from the wreckage much ruined lives, trying to piece together understanding of how this happened. plus what, we've learned with friday's first victim. the shooter's own mother. she told me the guns, she would take them shooting because that was a way that a single mom could, you know, relate to her son. >> she was devoted and that was her job, to look after him. >> tonight the inside story from the family's friends and neighbors. i'm john scott in for shepard smith. we begin with the search for a motive. it is clear friday's shooting in newtown, connecticut can have no rational explanation. the act
in snow. she shows us the tricks she used to survive and how she managed to escape. >>> and we asked, is it real or is it fake? that video of an eagle snatching up a baby, blowing up so fast. grabbing more than 16 million views in two days. it worked. but, yes, it's a hoax. this morning, we go straight to the source to learn the secrets of how they did it. >>> good morning, america. hi to robin at home. great to have elizabeth vargas back. paula faris in today. i'm surrounded. this is great. >> george's angels. >> that's right. >> and by the way, i knew it was a hoax. i knew that eagle wasn't grabbing that baby. >>> we have a lot to get to today. including the fiscal cliff showdown. talks have broken down. house republicans are going to push a fallback plan today. they're trying to make sure that taxes don't go up for anyone making under $1 million. will it help or hurt the negotiations? >>> and president obama front and center on the gun control debate, promising yesterday quick action. we'll show you how some cities are arming teachers. while many parents are taking safety in
you very much for taking the time. >> thank you. >> thank you very much for joining us today, michael johnson, the ceo of herbalife. the markets are currently sitting around the lows of the day as we speak. the dow down by about 56 points, and that is it for "street signs" today. "closing bell" is coming up next. >> hi, everybody. good afternoon. we enter the final stretch and welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria
asset sales. >> you agree? you remember your name before -- >> that does it for us today. make sure you join us tomorrow. right now, time for "squawk on the street." >>> good morning, welcome to squawk on the street. i'm carl quintanilla, melissaly, jim cramer. nyse euro net selling itself to ice for 8.2 billion in cash and stock. david is here to break it down. >> go through some of the numbers four. the deal itself having been officially announced in the last half hour or so board signing off, call it about 8 a.m. eastern time. my sources tell me this all began a couple of months back when jeffrey spraker, the ceo of ice approached duncan niederauer, the ceo of the stock exchange about a potential deal. looking forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he m
. in fact, it's sitting on the lows of the session at 13,135. danny hughes is with us from divine capital and mark spellman from value line funds and joe greco on the flor with meridian equity partners and our rick santelli is standing by in chicago. rearranged priorities on this, and the market really reflects that. >> absolutely does, bill. a hard day to trade when you're so focused on the tragedy that's unfolding in front of us, and as the mother of a kindergartner and a pre-school child my heart goes out to these families. it's a real terrible thing. >> we do have business to conduct though in washington. >> we do. >> and when we last left that story it appeared there was very little progress made. how do you invest in that kind of an environment? >> even less is happening frankly, so, you know what, we have to do is still keep our eye on the ball and have to believe that at some point something will further itself, whether it happens whether we go over the cliff or before that. reinvest in companies that are dividend payers, that have an efficiency paradigm so whether they are invest
people who pay the balance is on layaway accounts for families that can use the help. it is a trend sweeping the nation. as we talked about earlier, often bringing up the best in people, and super storm sandy was no exception. here is another example. michael of brooklyn, check th out, every day he is treading his death in his red suit with his red cent delivering presents to boys and girls. he gets requests from kids and has been blessed with a huge influx of the nation's. michael johnson the qualifies r the nice list, and i'm thankful they're out there. that's my "2 cents more." here is how you vote in on the poll question we asked on gerriwillis.com with the merry christmas.liday season, good night from new york. neil: so the world did not end so far. but is that any excuse for unions to make it more difficult that we're alive? well come everybody, i'm neil cavuto. maybe the mayans should have joined a union. not only would they have survived but their fear-mongering agenda would have as well. mayans are gone and unions, though weakened very much alive and well. latest from threa
, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on iphone estimate cuts, so do the
's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shares are up more than 100% in three months. it also beat third quarter estimates on both the top and bottom lines. shares leaping after hours. >>> we start tonight with the convergence of reality an hollywood. matt damon's new film, "promised land" opens next friday but it is already sparking major controversy in the energy community. critic it is of the film say it casts fracking in a very negative light. they flat-out reject some truths about the process. with california imposing its first fracking regulations only yesterday. is this just hollywood being hollywood or is there an agenda behind this that's
it for us here in newtown. thank you for watching. "early start" begins next. ♪ >>> on this special edition of "early start," a community and a nation in mourning. >> newtown, you are not alone. >> the president, offering words of comfort and inspiration, to those trying to make sense of a senseless tragedy. >> the face of indescribable violence. in the face of unconscionable evil. you've looked out of each other. and you cared for one another. and you've loved one another. >> we're remembering the victims, 20 children and 6 adults. some who gave their lives to save others. >> she was truly selfless. she would not hesitate to save anyone else before herself, especially children. >> as more details emerge, people in the small community search for strength to face the difficult days ahead. >> we will move on. we will never forget. we will, in many ways, be made stronger for what has transpired. and we will get better. >>> good morning. and welcome to this special edition of "early start." >> it is 5:00 a.m. in the east. we're coming to you live from newtown, connecticut, this morning. it is a
and the celebrities answering the calls from people who phoned in donations, galaxy phones they were using. you're seeing galaxy ads everywhere, they dominate football games on sundays as well. apple, the ipad, ipad mini, the iphone their ads have been swamped by samsung and microsoft. is apple still the king of cool? shareholders wants to know and so do i. let's bring in mark, editor in chief of laptop magazine. is apple still the king of cool? what do you say. >> when it comes to the design and getting the latest apps first, would i say yes for apple, but perception is becoming reality when it comes to the marketing ads you're talking about. when people see the big screen galaxy note 2 and in the office when i show people turn it on its side and two applications running on the screen the same time and pen input. in a lot of areas they're out-innovating apple and outmarketing apple, apple's bread and butter for a long time. stuart: mark, we'll get you more on the microsoft surface tablet. hold on a second i've got this for you. you want cool? take a look at this house, a mansion this miami on
, indeed, a wonderful life. that's it for us. thanks for watching. "early start" begins right now. >>> what made him snap? we're learning more about the mass gunman who opened fire in a shopping mall. >>> barrelling towards the fiscal cliff. >>> and what a concert, superstars for sandy relief, some of the greatest music performers on stage for last night's all-star benefit concert. >> did you stay up? >> i knew it happening. >> there is sir paul mccarthy playing with nirvana. good morning. i'm john berman. >> i'm zoraida sambolin. >>> up first, new information about the 22-year-old sandwich shop worker who killed two people and critically wounded a teenager at a suburban portland mall. friends say jacob roberts was a happy young man until about a week ago when he quit his job and told his ex-girlfriend he was moving to hawaii. we are also learning more about the three people that robert shot. a dedicated hospice nurse, a former radio executive, remembered as a mentor and a jewelrymaker, and a 15-year-old girl who took a bullet to the chest but is expected to survive. dan simon is live from
again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, d
firefight in syria. they had been kidnapped and held for five days. this morning, they are with us live and will tell us what happened. >>> everyday hero. she was principal who laid down her life for her students in the tragic school shooting in connecticut. what her daughter wants the world to know about her mother. >>> and a deal in sight this morning. republicans and democrats could be closer than ever to an agreement on the fiscal cliff today. tuesday, december 18th, 2012. >>> from nbc news, this is "today," with matt lauer and savannah guthrie. live from studio 1a in rockefeller plaza. >>> and good morning. welcome to "today" on a tuesday morning. i'm savannah guthrie. >> i'm david gregory in for matt this morning. we've had some terrible news to cover recently. we have such great news this morning that we can share with everyone. our friend and colleague richard engel and his team have been freed unharmed and there they are. we look forward to talking to all of them to find out about their ordeal. >> a lot of us are exhaling this morning. of course, we'll get the latest from newto
see your doctor, and for a 30-day free trial, go to axiron.com. >>> final trades, kick us off. >> i love the way that the gas is trading. i like emn. >> i'm going contrary here. xrt. >> long yum. >> fxi, china on the long side. >> that does it for us. catch the documentary tonight, behind closed doors at mariott, start at okay. >>> "halftime" is over. second half of the trading day starts now. >> absolutely. spend the night in a hotel with scott walker tonight at 9:00. ats he froo free. fed leaving interest rates the same but that's not the news. there is a new bond buying program and making an historic move keeping interest rates down low so long as unemployment rates stays above 6.5%. tying the rate it an economic trigger. an date. fed chief bernanke gearing up in about an hour's time. apple moving into your living room. yes, sir. tech tightian reportedly closer to testing several tv set designs. will it be the game-changer that so many have been waiting on? and you heard it here on cnbc. j.p. morgan's jamie dimon. taking about the fiscal cliff. do they expect a deal? their take o
there could be released ahead. he will tell us just how much. time for stocks now. let's head to the floor of the new york stock exchange. nicole petallides is standing by. no fiscal cliff deal and the market is looking a little nervous. nicole: you saw the dow down nearly 200 points. what you see is basically everybody sells everything. they are not saying i will sell my financials and hold onto my drugs. no. they are getting out today. it is the weekend. we havecome up off the as you noted, they cannot get away from the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it t
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
. the u.s. economy added 111,000 private sector jobs according to adp. a bit weaker than expected. because of impacts from hurricane sandy. the bank saying it is looking for ways to cut expenses. those cuts amount to 4% of the companies workforce and is estimated to save $1.1 billion every year. stocks now and every 15 minutes. nicole petallides. nicole: we are looking at a market that is to the downside. let's take a look at citigroup. it is about 4% of the workforce. citigroup is higher. it has had an up arrow throughout the day today. we saw the dow jones industrials this week to the downside. we had two consecutive days in selling. down arrows for the nasdaq. down 1.1%. connell: breaking news out of washington. earlier, speaker boehner speaking about the fiscal cliff. now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your compan
. >> bill ackman, thank you for joining us. back to you guys. >> andrew, thank you very much. to kate kelly now because herbalife is responding and kate has late-breaking details on that. kate? >> thank you, sue. just to reiterate, response to ackman from herb al life. saying mr. ackman has previously said to beware of companies. we asked to be part of the call today, he refused. his miss statements are mistakes are too numerous to address immediately. once again, michael johnson, their ceo yesterday, called claims being called bogus, add matly denied they are a pyramid scheme. sounds like we will hear more in the days to come. >> i wonder if they will address the issue ever buying back their own stock with which mr. ackman says they are doing today. >> a perfect storm is brewing in washington and at this hour. the house gets set to vote on plan b which the white house has said is a nonstarter. house speaker boehner will hold a news conference in about 15 minutes or so. we will take it live here. first, to john hart wood at the white house. john? >> sue, we've had a pretty relentless game o
advanced us forward. so the ports actually have more leverage in bargaining which is why --. neil: what is wrong with that? what is wrong with that? >> i'm not saying anything wrong with that the end goal, find to have more leverage. if your end goal is to cut benefits you've been offering many decades. this union is striking first time since 1977. >> the angle is to provide cheap goods to everyone in the country. that helps people including those at the port. >> doesn't help if we don't have a living wage in the united states. neil: we used to have defined pensions for folks that work and switched to 401(k). i would live for a day everyone could comfortably retire at age 60, 65. those days are gone. reality it is not same world. shouldn't unions get with it, see reality and see global environment. >> should unions get with it the fact we don't have living wages in the united states and corporations have so much power they're overriding --. neil: what about nonunion counterparts who go throug the same stuff every day. >> they do and a sme they're not unionized because union wages are 28
and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit redu
. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new high-resolution set. microsoft trying to widen the list of retailers that will carry the surface ta
use the state purposely to come to conclusion and how to this day, those young men that lost 7-13 years of their life still not given any compensation. they were advocates on both sides. i was an advocate that believed in them. we're not talking about advocates here. we're talking about police. we're talking about people with the power of the state that had children with no lawyers or paren parents make confessions that they coached into and no one stepping forward to compensate anything. we'll discuss that next wednesday. thanks for watching. i'm al sharpton. "hardba "hardball" starts right now. >>> good ef ebbing. president obama deserves the best possible secretary of state. it's been my view some distance from the white house, that the president was truly undecided on whom this person should be. late today, ambassador rice's removal of herself from this situation made this situation through the pain involved easier. john kerry, if he is the one appointed, could end up a fabulous secretary of state. somebody to make this country truly proud. he lost the presidency by a singl
wayne rogers and johnathon and tracey burns and john layfield and joining us is malia mazoo. i know you like mcdonalds. >> you think they are being a scrooge or is it a gift to the workers. >> trade is productive. it doesn't matter on christmas or roshshana and mcdonalds is a service business like dennis and starbucks. they have to be open when people want to get serve that includes christmas day. it is it important to keep in mind to incent vise. they might offer time and hamful and not only ask them to but require it >>alt the same time mcdonalds was founded on principle to give them time off with their families. are they changing that . >> it is it a workers preotive to work anywhere else. there are not that many jobs in the economy. if you have a job be thankful. >> congress may be taking the time off. but mcdonalds had earnings that are down . staying up on christmas to me is something they should do. >> numbers are there. malia . a lolt of mcdonalds that opened on thanksgiving day booked profits and that was a lot of revenue for the mcdonald's franchise. does that mean they should
. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. >> another challenging quarter for fedex with the blame squarely on sandy. but the stock is up pre-market. >> oracle posts a strong quarter with even stronger guidance. the season rebound in europe. no impact from the fiscal cliff. >> and ge gets boosted from ubs's key call list on the weaker than expected macro environment. still on the list is including -- well tell you in a couple of minutes. >> general motors is up sharply in the pre-market session. the treasury department says it intends to sell the rest of its stak
. >>> and bracing for draco. the named winter storm is moving across the u.s., slamming a dozen states already and threatening to disrupt holiday travel in many, many more. it's thursday, december 20th. we've got one day left. enjoy. and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we h
to be a member to use this new app and julie boorstin is in los angeles with the three things you need to know this deal. hi, julia. >> hi, sue. well, facebook is continuing its big push to make money on mobile users by offering its messenger app to billions of people around the world with phones and no longer limiting that app to facebook users. here's the deal. first, mobile messenger is a free app for texting, group chat and photo sharing with no per-text fees. just carrier's regular data costs. doesn't yet yield direct revenues to facebook but it is serving as a gateway to join the social network where traffic does translate to profits. second, this is a big emerging markets play. facebook is stream lining the signup process to appeal to the billions of people who don't have easy access to e-mail or a computer but who do own phones. third this is all about facebook doubling down on mobile where it is experience the fastest growth and now looking for profits to match. it could easily attach ads to messenger as it rolls out more mobile ads. now, facebook is so determined to make it size for
in u.s. manufacturing. the president traveled to a suburb of detroit touring an engine plant that's announcing a $100 million expansion in production and jobs. and even as the president touted that economic bright spot, he renewed his case to extend tax cuts for 98% of americans that are due to expire at the end of the year. >> how many of you can afford to pay another $2,200 in taxes? not you? >> no! >> that's a hit you can't afford to take. and by the way, that's not a good hit for businesses either. >> the president's urgent push come as the white house and congress enter the deadline phase in their negotiations to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reduc
>>> it is final trade time. ennis, start us off. >> long chub. >> pete? >> love blackstone. steve schwartz man is running a good shop. >> doc? >> hartford. hig calls out there in next year. >> stick to emerging markets. dvye is my method of doing that. >> that does it for us. don't forget to catch more "fast money" tonight at 5:00 p.m. follow me on twitter as always @scottwapner. major averages are still fighting it out. "power lunch" picks up the ball, runs with it right now. >>> lace them up, halftime is over. the second half of the trading day starts now. >> well, just when we thought we were finally getting some movement on the fiscal cliff, talks apparently have hit a snag. president obama threatening to veto house speaker boehner's proposal plan b. he called obama irrational. where do the two sides stand right now, especially on spending? president obama says the nation has a deep obligation to stop gun violence and appoints vice president biden to lead the administration's effort on this. we'll have the details on that and look at the legal implications for gun manufacturer
himself, a noble attribute most of us take as quiet courage. as embarrassing as it is to admit he is one of the few top politicians in this democratic country to master foreign languages. not a small talent in world diplomacy. i like kerry because he's had the guts to run for office just like hillary clinton. he's had the nerve to stick his neck out and ask the voter to like him or not like him, to trust him or not trust him. that to me is the key to troou democratic government. i've said so before. i hope the president makes him his secretary of state. it would be the first strong move to building a powerful second term cabinet, to building the team that will with god's blessing take barack obama into global history. we americans need to be the peacemakers, john kerry can help barack obama be just that. joining me now is nbc news chief white house correspondent and political director chuck todd and t"the washington post" he's nia malika henderson. do you know when the president decided with or along with ambassador rice to decide that she should formally remove herself from consideratio
? >> no, not yet. >> that does it for us. don't forget to catch "money in motion" and options this evening. have a great evening. follow me on twitter. and power starts now. >>> and we welcome you to "power lunch." we have three major news conferences in washington, d.c. president obama will nominate senator john kerry to be his next secretary of state. harry reid will be on the senate floor and house minority leader nancy pelosi will discuss the cliff crisis. with plan b history, washington is scrambling to get a deal done. the markets however are decidedly worried. dow jones has been down triple digits almost all session. we are off our worst lefs, down about 174 point a few moments ago. down 152 on the dow. 17 to the minus side and nasdaq is off almost 40. let's go to washington where john har wood is standing by with the latest on the fiscal cliff follies. john? >> all follies so far, sue. we had house speaker john boehner come out today and have a news conference explaining the failure of his plan b last night which stunned a lot of people because both boehner and eric cantor majority
believed ♪ >> "amazing grace." that does it for us. thanks very much for watching. . that does it for us. thanks very much for watching. "early start" begins now. >>> could newtown be the tipping point for gun control? the white house, a major retailer, national polls and even some pro-gun lawmakers have shifted. first, cautious step for school kids in newtown. most of them head back to school just hours from now. and is it a breakthrough for fiscal cliff talks? the two sides closer than ever with just two weeks left to go. >>> good morning, everyone. welcome to "early start." i'm john berman here in new york. >> and i'm zoraida sambolin, live in newtown, connecticut. we'll be bringing you the very late ef on the investigation as john said, the children are starting school as well with an increased police presence, will it be enough for the parents and of course we have another funeral we are following this morning for you as well. john? >> another beautiful young child we buried up there, four days after the school massacre that numbed the entire nation. this is the latest. this unspeak
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